The Indian Railways board is mulling over a dynamic pricing model in which premium charges will be applied during festivals such as Diwali, Durga Puja and discounts will be offered for travelling in odd-hours. The railway board has also proposed discounts on choosing a less popular route/train or one having no pantry services.
During a meeting with senior officials last week, Railway Minister Piyush Goyal, as well as the board, underlined the need for flexible dynamic-pricing in order to offer competitive fares vis-a-vis airlines.
Three railway zones — the eastern, the western and the west-central — have prepared presentations, suggesting ways to